The moribund Confluence Beach Hotels, Lokoja in Kogi State would soon breath a new lease of life, as rehabilitation work on the hospitality outfit is expected to commence soon.
Our Kogi State Correspondent reports that a Memorandum of Understanding, MoU, has already been signed with a credible investor for the rehabilitation of the hotel.
Managing Director, Kogi Investment and Properties Limited, Hajia Aisha Suleiman, made the revelation in an interview in Lokoja, Kogi State capital, adding that the company has added a world class investment company, Capital Boutique to its expansion.
According to her, the state government has handed over Confluence Beach Hotel and Kogi Hotel to the company for effective management, stressing that when optimally developed, the outfits would rake in revenues to shore up the dwindling federal allocations to the state.
The boss of the state investment company whose first major milestone within a short time in office was her successful fight for full autonomy for the company, revealed that it has been repositioned for effective service delivery.
The company, she disclosed, is an investment outfit of the state government, saddled with the responsibility of marketing and harnessing the investment opportunities in the state, assuring that Kogi is safe and secure for investment.
Kogi, she argued, has no business depending entirely on federal allocations in view of the many mineral resources and other investment potentials it is endowed with.
She lamented that this has been grossly underutilized, but expressed optimism that the story would soon change for the better.
Recapitalization of the company, she revealed, is ongoing, although, in assets and not liquid form, noting that Governor Bello is poised to unlock the potentials of the state, using the company as a critical driver of the vision.
She stressed that the company is a vessel by which investors could be involved in the development of the state and divulged that, at the moment, investors are competing to key into projects that would change the fortunes of the state.
Hajia Suleiman's led management of the company, has through rare ingenuity moved the company from obscurity to public consciousness.
Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104
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